Barnes & Noble Inc.
When Leonard Riggio bought Barnes & Noble in 1971, it consisted of a single struggling store in Manhattan. Over time, with swagger and an unwavering belief in the value of physical bookstores, he turned it into the country’s largest bookselling chain. On Wednesday, the company announced that Mr. Riggio, the founder and executive chairman of…
Although little is known about the handful of new concept stores Barnes & Noble has said it plans to open this year, at least one of them is springing up outside of New York City. The book chain is moving forward on what appears to be one of its first concept store locations in Westchester…
Barnes & Noble Education took a $12 million impairment charge in its third quarter to reflect the restructuring of its digital operations. As part of overhauling that part of its business, B&NE is closing its Yuzu digital educational platform and will replace it with a longterm agreement signed with Ingram’s VitalSource and the purchase of…
After shutting down its international Nook Store in July 2015, B&N was left with just the Nook Stores in the US and UK. And now it appears the latter is about to go away. There's a belated announcement from B&N, but I learned of this story via a leak by the British supermarket chain Sainsbury's.
Bookseller Barnes & Noble Inc. plans to open a digitally influenced prototype bookstore later this year. CEO Ron Boire made the announcement today at the annual eTail West conference in Palm Springs, Calif. “One of the challenges of that store is going to be the digital experience,” he said. “I don’t think until you’re fully…
NEW YORK—February 2, 2016—Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, is exclusively partnering with Put Me In The Story® to introduce the leading personalized books platform into many of their brick and mortar stores and online at BN.com/putmeinthestory. The initial…
The aspiring “lifestyle brand” has been moving away from books for some time. The fiction section at the Barnes & Noble I am writing this dispatch from has retreated roughly 30 feet over the past decade; from my perch I can see board games, R2D2 mugs, chocolates, and, yes, some books, too (mostly written by…
The biggest deals in the publishing industry in 2015 occurred outside of the trade sector. Unlike 2013, when the Random House–Penguin merger was completed, or 2014, when HarperCollins acquired Harlequin, the major trade houses did not make any major acquisitions last year. The biggest acquisitions in 2015 were in professional and educational publishing, led by…
Barnes & Noble (NYSE:BKS) has posted its results from the holiday period, which it defines as the nine-week stretch ending this past Jan. 2. For the period, total retail sales amounted to $1.1 billion, 0.8% lower on a year-over-year basis.
Every day, the company BookBub.com sends out more than 7 million emails pointing consumers to ebooks that cost as little as 99 cents each and free titles as well. A host of big and independent publishers list titles there, including New York-based Kensington Publishing Corp. The idea is to entice readers with a bargain, so…